Re:Jensen Huang resigns as Nvidia CEO immediately
by snitty on Thursday November 12, 2026 @10:59AM
(#50469524)
> Why is an affair with a customer grounds for announcing a resignation that caused an instant 10% stock price drop?
OP said
>A CEO admitting to an affair with a customer *after previously denying it*, seems like a sufficient reason for removal
It's not the crime. It's the cover up.
In this case Jensen either 1) lied to the board about the affair, 2) directed the Nvidia PR to publish a materially false statement about it, or 3) both.
From a company governance standpoint it's incredibly hard to trust Jensen when he's either lying to you, using the company to protect his personal life, or (again) both.
Admitting to the affair with a customer is a nothingburger. Directing the company to release a false statement about it, and that customer turns out to be a Chinese asset if a BIG fucking deal.
Lying about it served no one's interest but Jensen's, and ended up hurting the company significantly.
OP said
>A CEO admitting to an affair with a customer *after previously denying it*, seems like a sufficient reason for removal
It's not the crime. It's the cover up.
In this case Jensen either 1) lied to the board about the affair, 2) directed the Nvidia PR to publish a materially false statement about it, or 3) both.
From a company governance standpoint it's incredibly hard to trust Jensen when he's either lying to you, using the company to protect his personal life, or (again) both.
Admitting to the affair with a customer is a nothingburger. Directing the company to release a false statement about it, and that customer turns out to be a Chinese asset if a BIG fucking deal.
Lying about it served no one's interest but Jensen's, and ended up hurting the company significantly.